Fed's Bostic: Policy direction 12-18 months out not as clear as in past
|Atlanta Fed President Raphael Bostic recently crossed the wires arguing that the policy direction in 12-18 months from today was not as clear as it was in the past.
Key quotes (via Reuters)
- Factors clouding outlook include global growth, Brexit.
- Fed has tried to pull back and not be as stimulative.
- Monetary policy is on the end of an entire arc.
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